12211 S Spencer Street, Alsip, IL 60803
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
12211 S Spencer Street,Alsip, IL 60803
$440,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:tericia ruff
Office:utr investments llc.
MLS#:12455736
Source:MLSNI
Price summary
- Price:$440,000
About this home
Incredible Multi-Unit Opportunity in Alsip - Rented & Income-Generating! Here's your rare chance to own a beautiful, solid brick multi-unit building in Alsip! These buildings don't come up often-and for good reason. This property features two spacious units, each offering 3 bedrooms and 2 full bathrooms. Both units are occupied by long-term tenants, making this a great turnkey investment from day one. Each apartment includes a large, bright kitchen with sliding doors that open to private back porches-perfect for enjoying fresh air or a morning coffee. Unoccupied potential 2b 1b in the garden unit, needs to be rezoned under city compliance to use and make a legal 3 unit in accordance with Alsip. This offers excellent potential for future income growth. The building includes front and rear enclosed staircases, a long side driveway with ample off-street parking. Additional income is generated through on-site laundry facilities, adding to the building's already strong rental performance. Located just off Cicero and 123rd, offering quick access to I-294, public transportation, and just about 20 minutes to Midway Airport via Cicero Avenue. Sold strictly As-Is. Showings by appointment only 24hr notice come explore the possibilities today!
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Home facts
- Year built:1990
- Listing ID #:12455736
- Added:5 day(s) ago
- Updated:September 03, 2025 at 10:45 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1990
Schools
- Middle school:Prairie Junior High School
- Elementary school:Lane Elementary School
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$440,000
- Tax amount:$12,259 (2023)
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